Keynes loved the pyramids. The attempt to rehabilitate the reputation of the pyramid project is part of a larger cultural effort to prop up the respectability of government in general and the nation-state in particular, writes Paul A. Cantor. This audio Mises Daily is narrated by Joel Sams.

Graphical demonstration that relaxing three critical-but-implausible assumptions underlying Keynes’s theorizing allows the Keynesian framework to morph into the Austrian framework. Recorded at Mises University 2010.